— Know what they know.
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Not Investment Advice

XYL

NYSE · USD
Xylem Inc.
Industrials · Industrial - Machinery
CEO Matthew F. Pine Employees 22,000 R&D / revenue 2.5%
Last price
$104.07+0.68%last session
Market cap
$24.3B
P/E (TTM)
24.8x
From 52w high
−32.5%
From 52w low
+5.6%
1-year return
−27.9%
RSI 14 · vs SMA200
47.3 · −12.6%
IS score
60.5/ 100
Factor model across 8 sub-scores, ranked against 3,010 US stocks. Describes the business, not the outlook.
Download full factsheet (PDF)

One year, rebased to 100

XYL   SPY   XLI (sector ETF) · weekly closes
80100120Jan 26Apr 26Jul 26Oct 26SPY 116XLI 111XYL 72

Score DNA

Each bar is a 0-100 score within the scored universe
45
Profitability
48
Growth
50
Value
77
Momentum
90
Risk (safety)
77
Quality
72
Balance sheet
76
Earnings quality

Flags

Strengths
✓ Insider buying✓ Congress buying
Warnings
None of the computed warning flags fires for XYL (Altman, Beneish, accruals, FCF, dilution).
Observations
Moat model: Narrow, Switching CostsPiotroski 7 / 9Altman Z 3.6Beta 1.004 of 4 smart-money sources active

Smart-money strip

Each disclosure source on its own window. Filings coinciding is not coordination.
INSForm 4 · 180 days
Insider open-market buys
1
$0.14M bought
Form 144 notices (12m): 4, $2.9M proposed, not confirmed sales
CONGSTOCK Act · 180 days
Congressional purchases
4
Last disclosed purchase 2026-09-25
Members disclose in ranges, 30-45 days after the trade
13F13F · quarter to 2026-06-30
Net change in institutional holders
−13
117 new holders, 118 closed
1,099 filers hold 92.8% · 376 added, 451 trimmed
ETFETF holdings · 30 days
Net funds accumulating
+117
1,013 funds adding shares
896 funds trimming · counts of funds, not dollars
DARKFINRA · daily
Short-sale share of off-exchange volume
56.6%
20-day avg 65.9%, 50-day avg 63.2%
Latest 9.3 pp under its 20-day average · a flow, not short interest

Key financials · FY2025

USD, fiscal year. Stock-based compensation is non-cash; shown against FCF.
Income statement
Revenue$9.0B
Revenue growth YoY+5.5%
Gross margin38.5%
Operating income$1.2B
Operating margin13.5%
Net income$957.0M
Net margin10.6%
EPS (diluted)$3.92
Cash flow
Operating cash flow$1.2B
Capital expenditure$331.0M
Free cash flow$910.0M
FCF conversion (FCF / OCF)73.3%
Stock-based compensation$53.0M
FCF less SBC$857.0M
Buybacks$15.0M
Dividends$391.0M
Balance sheet & returns
Cash & short-term investments$1.5B
Total debt$1.9B
Net debt$463.0M
Shareholders' equity$11.7B
Goodwill & intangibles$10.6B
Debt / equity0.29
ROE (TTM)9.2%
ROIC (TTM)6.9%
Operating margin by fiscal year
11.3%FY202111.3%FY20228.9%FY202311.8%FY202413.5%FY2025
Revenue $5.2B (FY2021) to $9.0B (FY2025), a 14.8% CAGR.

Valuation

P/E (TTM)24.8x
EV / EBITDA14.0x
Price / sales2.66x
Price / FCF25.3x
FCF yield3.95%
Buyback yield0.06%
SBC / revenue0.4%
Price / book2.36x
Forward P/E FY202618.4x
Forward P/E FY202716.8x
Forward P/E FY202815.3x
Forward multiples divide today's price by Street EPS estimates. Street mean target $144.50 across 10 analysts last quarter is theirs, not ours.

XYL vs industry median

328 companies in Industrial - Machinery
Gross margin 39.2% 31.0% Operating margin 14.5% 8.4% Net margin 11.1% 6.0% ROIC 6.9% 8.7%
XYL (TTM)Industry median Asset turnover 0.53 vs industry 0.76 · financial leverage 1.66

Earnings delivery

Next report 2026-10-27 · consensus EPS $1.45
92%
beat rate, 11 of 12 quarters
+5.8%
median EPS surprise
6
longest beat streak
+15+11+3+7+4+0+4+8+10+11+1+3
EPS surprise in % vs the consensus at the time, oldest (left) to newest, 2023-08-02 to 2026-04-28. Bars cap at ±60%.

Peers

Market-cap band, not the industry cohort above
CompanyMkt capP/EROENet marginRev growth12m return
XYL Xylem Inc. $24.3B24.8x9.2%11.1%+5.5% −27.9%
DOV Dover Corporation $26.4B23.4x15.0%14.3%+7.6% +18.2%
OTIS Otis Worldwide Corporation $27.2B18.2x-27.3%11.1%+5.2% −21.0%
SYM Symbotic Inc. $28.0B404.7x2.7%1.6%+20.6% −46.3%
IR Ingersoll Rand Inc. $30.2B31.7x9.5%12.5%+7.8% +2.6%
NDSN Nordson Corporation $18.0B32.5x17.8%18.7%+7.0% —
ITT ITT Inc. $17.7B38.8x11.5%5.8%+28.1% —
IEX IDEX Corporation $17.4B33.8x13.0%15.6%+7.3% —
12-month window: SPY +15.9%, sector ETF XLI +10.7%. Past returns describe history only.

Recent 8-K filings

2026-09-29Other Events; Exhibits
2026-09-09Material Agreement; Termination of Agreement; Financial Obligation; Exhibits
2026-08-18Officer/Director Change; Regulation FD; Exhibits
2026-08-13Officer/Director Change; Exhibits
2026-07-28Earnings Release; Exhibits
2026-05-29Material Agreement; Financial Obligation; Other Events; Exhibits

Context

Shares outstanding233,487,000
Free float99.7%
Institutional ownership92.8%
Beta1.00
Dividend yield1.62%
Last dividend$0.43 on 2026-08-27
50 / 200-day average$109.01 / $119.41
Large-cap Industrials median P/E29.8x

Full factsheet

The PDF carries everything on this page plus the cash-allocation waterfall, Form 144 notices, 13F holder detail, dark-pool and short-flow history, seasonality and the moat assessment (Narrow).

Read it in the browser Download (PDF)

All fundamentals · 140 measures in 13 categories

Percentile = where XYL sits among 62 scored companies in Industrial - Machinery (0 = lowest value, 100 = highest). It is a position, not a grade.
ValuationProfitability (TTM)Returns on capitalGrowthMargin history & stabilityLiquidity (latest quarter)Leverage & solvency (latest quarter)EfficiencyCash flow & earnings qualityDividends & buybacksScores & forensic checksPer shareSize (TTM)

Valuation

MeasureXYLIndustry medianIndustry percentileSector median
P/E (TTM) 24.1x 29.1x
30th		 25.4x
PEG (P/E ÷ 3-yr EPS CAGR) 0.67 1.59
21st		 1.42
Price / sales 2.7x 2.4x
56th		 2.0x
Price / book 2.3x 3.7x
32nd		 2.9x
Price / tangible book —
Price / free cash flow 25.3x 22.0x
62nd		 20.8x
Price / operating cash flow 18.7x 17.8x
55th		 14.5x
Enterprise value $26.1B $7.5B
79th		 $4.8B
EV / sales 2.9x 2.5x
57th		 2.4x
EV / EBITDA 14.0x 16.3x
34th		 13.6x
EV / EBIT 20.1x 21.3x
41st		 19.9x
EV / free cash flow 27.2x 26.6x
54th		 24.3x
Earnings yield 4.2% 3.2%
74th		 3.3%
FCF yield 4.0% 4.2%
43rd		 3.8%
Operating cash flow yield 5.4% 5.4%
48th		 6.2%
Graham number (per share) $65.05 $37.80
67th		 $38.21

Profitability (TTM)

MeasureXYLIndustry medianIndustry percentileSector median
Gross margin 39.2% 35.6%
66th		 30.5%
EBITDA margin 20.4% 18.4%
66th		 14.3%
Operating margin 14.5% 13.7%
51st		 9.8%
EBIT margin 14.2% 12.6%
54th		 9.9%
Net margin 11.1% 8.6%
64th		 6.0%
NOPAT margin 11.5% 10.7%
57th		 7.8%
FCF margin 10.5% 11.2%
43rd		 7.0%
Operating cash flow margin 14.3% 14.1%
52nd		 11.2%
R&D / revenue 2.5% 0.0%
77th		 0.0%
SG&A / revenue 21.2% 18.6%
59th		 14.1%
Stock comp / revenue 0.4% 0.6%
27th		 0.6%
Effective tax rate 20.7% 21.2%
37th		 21.0%

Returns on capital

MeasureXYLIndustry medianIndustry percentileSector median
ROE (on average equity) 9.4% 12.8%
36th		 11.9%
ROA 5.8% 6.1%
48th		 4.8%
ROIC 8.6% 10.9%
38th		 8.7%
ROCE 8.9% 10.9%
44th		 9.4%
Return on tangible assets 7.5% 9.0%
43rd		 7.9%
Cash ROIC (OCF / invested capital) 10.7% 12.9%
40th		 12.8%
Gross profitability (GP / assets) 20.6% 24.7%
34th		 19.2%
ROIC, 3-yr average 6.6% 8.6%
28th		 7.8%
ROIC, 5-yr average 6.8% 11.3%
32nd		 8.6%
ROE, 5-yr average 8.5% 14.1%
31st		 12.5%
Incremental ROIC 109.2% 21.5%
81st		 20.5%

Growth

MeasureXYLIndustry medianIndustry percentileSector median
Revenue growth (TTM YoY) 4.5% 7.3%
37th		 8.6%
Revenue growth (QoQ) 9.9% 9.4%
54th		 9.9%
Revenue CAGR, 3 yr 14.6% 3.7%
92nd		 5.0%
Revenue CAGR, 5 yr 11.9% 6.2%
82nd		 8.3%
Gross profit CAGR, 3 yr 16.0% 6.5%
90th		 6.5%
Operating income CAGR, 3 yr 29.0% 6.8%
92nd		 6.4%
Net income growth (TTM YoY) 7.7% -2.3%
65th		 11.3%
Net income CAGR, 3 yr 42.1% 3.5%
92nd		 6.6%
EPS growth (TTM YoY) 11.0% -1.2%
67th		 13.3%
EPS CAGR, 3 yr 35.9% 3.8%
90th		 5.6%
EPS CAGR, 5 yr 15.0% 7.1%
72nd		 8.3%
FCF growth (TTM YoY) 9.0% 9.0%
50th		 14.7%
FCF CAGR, 3 yr 39.1% 14.6%
85th		 12.2%
Operating cash flow CAGR, 3 yr 31.4% 13.1%
83rd		 8.8%
Book value CAGR, 3 yr -2.7% 8.7%
5th		 7.3%
Dividend CAGR, 3 yr -1.8% 2.3%
12th		 2.7%
Sustainable growth rate 5.7% 9.5%
26th		 11.0%

Margin history & stability

MeasureXYLIndustry medianIndustry percentileSector median
Gross margin, 3-yr average 38.0% 35.7%
58th		 30.6%
Operating margin, 3-yr average 12.4% 13.7%
45th		 10.0%
Net margin, 3-yr average 10.3% 10.2%
53rd		 6.2%
FCF margin, 3-yr average 10.4% 10.7%
47th		 7.1%
Revenue stability (0-1) 0.90 0.78
70th		 0.81
Earnings stability (0-1) 0.85 0.40
90th		 0.47
Margin stability (0-1) 0.98 0.94
83rd		 0.90

Liquidity (latest quarter)

MeasureXYLIndustry medianIndustry percentileSector median
Cash & short-term investments $1.3B $240.9M
87th		 $249.6M
Net cash (− = net debt) −$1.8B −$710.5M
28th		 −$666.5M
Working capital $1.7B $596.2M
92nd		 $376.4M
Current ratio 1.61 2.06
31st		 1.79
Quick ratio 1.24 1.20
56th		 1.33
Cash ratio (cash + ST investments / current liabilities) 0.47 0.30
64th		 0.32
Defensive interval (days) 509 days 495 days
59th		 614 days

Leverage & solvency (latest quarter)

MeasureXYLIndustry medianIndustry percentileSector median
Total debt $3.1B $1.2B
77th		 $919.8M
Debt / equity 0.29 0.55
22nd		 0.65
Net debt / equity 0.17 0.43
28th		 0.46
Debt / assets 17.6% 26.8%
23rd		 29.3%
Debt / capital 22.7% 35.6%
22nd		 39.5%
Debt / EBITDA 1.64 2.00
34th		 2.44
Net debt / EBITDA 0.96 1.61
36th		 1.86
Interest coverage (EBIT / interest) 56.3x 7.0x
96th		 5.0x
Cash interest coverage 56.6x 7.9x
96th		 6.1x
Debt payback (years of OCF) 2.3 yrs 2.6 yrs
45th		 3.2 yrs
Liabilities / assets 39.9% 50.7%
11th		 56.7%
IS credit model rating AA- — —
Implied credit spread (bps) 100 125
21st		 200

Efficiency

MeasureXYLIndustry medianIndustry percentileSector median
Asset turnover 0.53 0.78
20th		 0.75
Fixed asset turnover 7.82 5.95
80th		 5.14
Inventory turnover 5.3 3.7
89th		 5.0
Receivables turnover 4.9 5.9
21st		 6.7
Days sales outstanding 74 days 61 days
79th		 54 days
Days inventory outstanding 69 days 99 days
11th		 72 days
Days payables outstanding 68 days 53 days
80th		 41 days
Cash conversion cycle (days) 75 days 107 days
11th		 63 days
Capex / revenue 3.7% 2.1%
80th		 3.0%
Capex / depreciation 0.60 0.65
45th		 0.76
Operating expense ratio 24.5% 21.2%
70th		 17.7%

Cash flow & earnings quality

MeasureXYLIndustry medianIndustry percentileSector median
Operating cash flow / net income 1.29 1.42
33rd		 1.50
FCF / net income 0.95 1.22
24th		 1.15
FCF / operating cash flow 73.8% 83.2%
26th		 74.0%
Capex / operating cash flow 26.2% 16.8%
74th		 26.1%
Accruals ratio -1.7% -3.4%
72nd		 -4.0%
Sloan accruals ratio -5.6% -1.5%
15th		 -2.4%
Earnings quality score (0-1) 1.00 1.00
25th		 1.00

Dividends & buybacks

MeasureXYLIndustry medianIndustry percentileSector median
Dividend yield 1.6% 0.9%
82nd		 0.6%
Dividend per share (TTM) $1.69 $0.97
77th		 $0.44
Payout ratio (dividends / net income) 39.8% 29.1%
72nd		 22.5%
Dividends / FCF 41.9% 24.6%
89th		 19.6%
Dividend growth (YoY) 11.7% 5.8%
76th		 5.6%
Buyback yield 5.1% 0.7%
92nd		 0.5%
Shareholder yield (dividends + buybacks) 6.8% 2.2%
95th		 2.0%
Share count change (YoY) -3.0% -0.1%
10th		 0.0%
Buybacks, last 5 years $1.9B $147.1M
80th		 $76.0M

Scores & forensic checks

MeasureXYLIndustry medianIndustry percentileSector median
IS score 60 58
61st		 53
IS profitability 45 45
49th		 37
IS growth 48 48
53rd		 54
IS value 50 48
61st		 47
IS momentum 77 73
62nd		 76
IS risk (safety) 90 100
36th		 80
IS quality 77 71
70th		 67
IS balance sheet 72 63
66th		 56
IS earnings quality 76 72
70th		 70
IS cash flow 58 60
39th		 54
Piotroski F-score (0-9) 7 6
61st		 6
Altman Z-score 3.6 4.4
38th		 3.3
Beneish M-score −2.56 −2.55
43rd		 −2.52
Ohlson O-score −9.10 −8.00
11th		 −7.49
IS credit score 84 76
70th		 65

Per share

MeasureXYLIndustry medianIndustry percentileSector median
EPS, diluted (TTM) $4.27 $2.85
66th		 $2.21
Book value per share $44.05 $26.75
72nd		 $18.38
Tangible book per share $0.08 $2.15
43rd		 $4.39
Revenue per share $38.58 $46.23
46th		 $36.64
FCF per share $4.06 $4.10
49th		 $2.70
Operating cash flow per share $5.50 $4.77
57th		 $4.28
Cash per share $5.39 $3.39
74th		 $3.02

Size (TTM)

MeasureXYLIndustry medianIndustry percentileSector median
Market cap $24.3B $6.0B
79th		 $3.9B
Revenue $9.1B $2.7B
85th		 $2.7B
EBITDA $1.9B $370.8M
82nd		 $394.8M
Net income $1.0B $165.9M
82nd		 $136.3M
Free cash flow $960.0M $324.5M
80th		 $162.9M
Total assets $17.3B $3.6B
87th		 $3.5B
Shareholders' equity $10.4B $1.6B
90th		 $1.4B
Employees 22,000 6,800
80th		 6,050

Insider transactions, last 6 months

Form 4 · most recent 12
DateInsiderTypeSharesPriceValueOwned after
2026-10-01Mcshane Geri-Michelle
SVP, CAO
 Award / grant 4,257——7,862
2026-10-01Mcshane Geri-Michelle
SVP, CAO
 Award / grant 4,225——7,830
2026-09-01Van Der Berg Andrea Michele
EVP & Chief Financial Officer
 Award / grant 1,693——10,691
2026-09-01Van Der Berg Andrea Michele
EVP & Chief Financial Officer
 Award / grant 6,034$106.89$644,9746,034
2026-09-01Johnston Joseph Patrick
EVP & President, AW
 Award / grant 645——2,285
2026-09-01Johnston Joseph Patrick
EVP & President, AW
 Award / grant 2,298$106.89$245,6332,298
2026-09-01Van Der Berg Andrea Michele
EVP & Chief Financial Officer
 — 1,688$128.98$217,7180
2026-09-01Van Der Berg Andrea Michele
EVP & Chief Financial Officer
 — 1,184$129.67$153,5290
2026-09-01Van Der Berg Andrea Michele
EVP & Chief Financial Officer
 — 1,157$127.94$148,0270
2026-09-01Van Der Berg Andrea Michele
EVP & Chief Financial Officer
 — 1,290$101.09$130,4060
2026-09-01Van Der Berg Andrea Michele
EVP & Chief Financial Officer
 — 2,014$86.76$174,7350
2026-09-01Van Der Berg Andrea Michele
EVP & Chief Financial Officer
 — 1,616$102.23$165,2040

Shares acquired vs disposed, by month

acquired disposed · all Form 4 types
MarMayJulAugSepOct

By transaction type, 6 months

TypeDirectionFilingsSharesValue
Award / grantAcquired1534,857$2.7M
Open-market buyAcquired11,210$141,098
Open-market saleDisposed14,269$501,437
Option exerciseDisposed26,294$546,067
—Disposed1817,819$1.9M
Awards, option exercises and tax withholding are compensation mechanics; open-market buys and sales are the discretionary ones.

Form 144 notices

12 months: 4 notices · 21,171 shares · $2.9M
FiledFilerShares proposedEst. proceeds
2026-07-30Mcgann Michael J.4,778$562,481
2026-05-07Mcshane Geri-Michelle4,272$501,457
2025-11-04Victoria Harker1,700$251,830
2025-10-30Claudia S. Toussaint Revocable Trust10,421$1.6M
A Form 144 is notice of a proposed sale, not a confirmed one.

Congress trades

12 months: House 7 trades (5 purchases) · Senate 0 (0 purchases)
TradedMemberChamberTypeAmountDisclosed
2026-09-25Ro KhannaHousePurchase$1,001 - $15,0002026-10-09
2026-09-11Ro KhannaHouseSale$1,001 - $15,0002026-10-09
2026-07-07Ro KhannaHousePurchase$1,001 - $15,0002026-08-12
2026-06-02Ro KhannaHousePurchase$1,001 - $15,0002026-07-08
STOCK Act disclosures, in ranges, filed up to 45 days after the trade.

Largest 13F holders

Quarter to 2026-06-30, the latest most managers have filed
ManagerSharesValue% of shares out
BlackRock, Inc.25,037,896$3.0B10.72%
VANGUARD CAPITAL MANAGEMENT LLC15,533,420$1.8B6.65%
VANGUARD PORTFOLIO MANAGEMENT LLC12,618,888$1.5B5.40%
STATE STREET CORP11,444,669$1.4B4.90%
GEODE CAPITAL MANAGEMENT, LLC6,347,784$747.4M2.72%
Amundi5,105,298$603.6M2.19%
Invesco Ltd.5,102,044$603.1M2.19%
Bank of New York Mellon Corp4,656,735$550.5M1.99%
ROYAL BANK OF CANADA4,605,175$544.4M1.97%
Impax Asset Management Group plc4,468,984$528.3M1.91%
Pictet Asset Management Holding SA4,039,771$477.5M1.73%
Swedbank AB3,960,515$468.2M1.70%
MORGAN STANLEY3,529,728$417.2M1.51%
HSBC HOLDINGS PLC2,701,250$319.3M1.16%
NORGES BANK2,544,452$300.8M1.09%

Institutional ownership by quarter

2023-092026-0692.8%
% of shares held by 13F filers
2023-092026-061,099
Number of 13F filers holding

Holder changes by quarter

QuarterHoldersOwnershipNewIncreasedReducedClosed
2026-06-301,09992.8%117376451118
2026-03-311,11292.0%117396403118
2025-12-311,128113.3%14441037672
2025-09-301,078104.1%12141435788
2025-06-301,06292.8%12739539175
2025-03-311,02595.5%11738935477
2024-12-3199894.8%120370372112
2024-09-301,01091.9%7841532283
2024-06-301,02892.0%11738936055
2024-03-3198492.4%13433435351
2023-12-3191591.8%14131331976
2023-09-3086290.0%7732030894

Schedule 13D / 13G filers

FiledFormFiler% of classShares
2026-04-30SCHEDULE 13GVanguard Capital Management7.5%18,193,892
2026-04-29SCHEDULE 13GVanguard Portfolio Management5.3%12,800,726
2026-03-27SCHEDULE 13G/AThe Vanguard Group0.0%0
Required above 5% of a class; 13G is the passive form.

ETFs with the largest holding

ETFWeight in fundHolding value
VITSX0.03%$750.6M
VTI0.03%$750.6M
VSMPX0.03%$750.6M
VTSAX0.03%$750.6M
VFINX0.04%$621.0M
VFIAX0.04%$621.0M

Share structure

Shares outstanding233,487,000
Float232,826,044
Free float99.7%

Income statement

Fiscal years, USD
FY2021FY2022FY2023FY2024FY2025
Revenue$5.2B$5.5B$7.4B$8.6B$9.0B
Cost of revenue$3.2B$3.4B$4.6B$5.3B$5.6B
Gross profit$2.0B$2.1B$2.7B$3.2B$3.5B
R&D$204.0M$206.0M$232.0M$230.0M$226.0M
SG&A$1.2B$1.4B$1.8B$1.9B$1.9B
Operating income$585.0M$622.0M$652.0M$1.0B$1.2B
EBITDA$832.0M$726.0M$1.1B$1.7B$1.8B
Pretax income$511.0M$440.0M$635.0M$1.1B$1.2B
Income tax$84.0M$85.0M$26.0M$197.0M$231.0M
Net income$427.0M$355.0M$609.0M$890.0M$957.0M
EPS, diluted$2.35$1.96$2.79$3.65$3.92
Diluted shares181.5M181.0M218.2M243.5M244.0M

Balance sheet

FY2021FY2022FY2023FY2024FY2025
Cash & short-term investments$1.3B$944.0M$1.0B$1.1B$1.5B
Receivables$953.0M$1.1B$1.6B$1.7B$1.8B
Inventory$700.0M$799.0M$1.0B$996.0M$983.0M
Total current assets$3.2B$3.0B$3.9B$4.1B$4.6B
PP&E, net$644.0M$630.0M$1.2B$1.2B$1.2B
Goodwill & intangibles$3.8B$3.6B$10.1B$10.4B$10.6B
Total assets$8.3B$8.0B$16.1B$16.5B$17.6B
Accounts payable$639.0M$723.0M$968.0M$1.0B$1.0B
Total current liabilities$1.4B$1.6B$2.2B$2.3B$2.9B
Long-term debt$2.4B$1.9B$2.3B$2.0B$1.4B
Total liabilities$5.0B$4.4B$5.9B$5.6B$5.9B
Shareholders' equity$3.2B$3.5B$10.2B$10.9B$11.7B

Cash flow statement

Outflows are negative
FY2021FY2022FY2023FY2024FY2025
Net income$427.0M$355.0M$609.0M$890.0M$950.0M
Depreciation & amortization$245.0M$236.0M$436.0M$562.0M$575.0M
Stock-based compensation$33.0M$37.0M$60.0M$56.0M$53.0M
Change in working capital−$136.0M−$102.0M−$211.0M−$112.0M−$333.0M
Operating cash flow$538.0M$596.0M$837.0M$1.3B$1.2B
Capital expenditure−$208.0M−$208.0M−$271.0M−$321.0M−$331.0M
Free cash flow$330.0M$388.0M$566.0M$942.0M$910.0M
Investing cash flow−$183.0M−$191.0M−$628.0M−$482.0M−$471.0M
Net debt issued / repaid−$600.0M−$527.0M$118.0M−$284.0M−$81.0M
Buybacks−$68.0M−$52.0M−$25.0M−$20.0M−$15.0M
Dividends paid−$203.0M−$217.0M−$299.0M−$350.0M−$391.0M

Ratio history

Margins on the fiscal-year (TTM at Q4) basis; multiples at each year end
FY2021FY2022FY2023FY2024FY2025
Gross margin38.0%37.7%36.9%37.5%38.5%
Operating margin11.3%11.3%8.9%11.8%13.5%
Net margin8.2%6.4%8.3%10.4%10.6%
FCF margin6.4%7.0%7.7%11.0%10.1%
ROE13.8%10.6%8.9%8.6%8.7%
ROIC11.2%11.2%5.4%7.1%8.2%
ROA5.0%4.4%5.1%5.5%5.6%
Debt / equity0.780.560.240.200.17
Interest coverage7.7x9.8x14.0x25.7x41.7x
Current ratio2.271.891.761.751.62
Revenue growth+6.5%+6.3%+33.4%+16.2%+5.5%
EPS growth+68.0%−16.7%+28.8%+44.8%+7.4%
P/E at year end48.6x54.5x44.3x31.4x34.7x
EV / EBITDA at year end26.3x28.0x25.3x17.1x18.9x
FCF yield at year end1.59%2.01%2.10%3.37%2.74%
Dividend payout47.5%61.1%49.1%39.3%40.9%

Revenue by segment

FY2021FY2022FY2023FY2024FY2025
Water Infrastructure$2.2B$2.4B$3.0B$2.6B$2.6B
Water Solutions & Services Segment———$2.3B—
Measurement and Control Solutions$1.1B$1.1B$1.4B$1.9B$2.1B
Applied Water$1.6B$1.8B$1.9B$1.8B$1.8B
Integrated Solutions & Services——$697.0M——

Revenue by region · FY2025

UNITED STATES$5.2B · 58%
Europe$1.8B · 20%
Asia Pacific$1.2B · 14%
Other countries$766.0M · 8%

Street estimates by fiscal year

Next report 2026-10-27 · consensus EPS $1.45 · these are analysts' numbers, not ours
Fiscal yearRevenue (mean)Revenue rangeEPS (mean)EPS rangeAnalystsP/E on mean EPS
2026$9.2B$9.1B – $9.3B$5.65$5.58 – $5.741318.4x
2027$9.6B$9.4B – $9.8B$6.20$5.96 – $6.501316.8x
2028$10.1B$9.8B – $10.4B$6.79$5.89 – $8.08515.3x

Reported vs expected, every quarter on file

ReportedEPS expectedEPS actualEPS surpriseRevenue expectedRevenue actualRevenue surprise
2026-04-28$1.09$1.12+2.8%$2.1B$2.1B+0.7%
2026-02-10$1.41$1.42+0.7%$2.4B$2.4B+1.1%
2025-10-28$1.23$1.37+11.4%$2.2B$2.3B+2.0%
2025-07-31$1.15$1.26+9.6%$2.2B$2.3B+4.2%
2025-04-29$0.95$1.03+7.9%$2.0B$2.1B+1.4%
2025-02-04$1.13$1.18+4.4%$2.2B$2.3B+3.5%
2024-10-31$1.11$1.110.0%$2.2B$2.1B−3.1%
2024-07-30$1.05$1.09+3.8%$2.1B$2.2B+1.1%
2024-05-02$0.84$0.90+7.3%$2.0B$2.0B+1.9%
2024-02-06$0.96$0.99+3.1%$2.1B$2.1B+3.2%
2023-10-31$0.89$0.99+11.2%$2.0B$2.1B+4.3%
2023-08-02$0.85$0.98+15.3%$1.6B$1.7B+4.6%
2023-05-04$0.62$0.72+16.1%$1.3B$1.4B+7.7%
2023-02-07$0.79$0.92+16.5%$1.4B$1.5B+6.6%
2022-11-01$0.66$0.79+19.7%$1.3B$1.4B+2.9%
2022-08-02$0.54$0.66+22.2%$1.3B$1.4B+3.7%
2022-05-04$0.41$0.47+14.6%$1.2B$1.3B+2.9%
2022-02-03$0.61$0.63+3.3%$1.3B$1.3B+0.9%
2021-11-02$0.59$0.63+6.8%$1.3B$1.3B−4.0%
2021-08-03$0.62$0.66+6.5%$1.3B$1.4B+3.2%
2021-05-04$0.38$0.56+47.4%$1.2B$1.3B+7.0%
2021-02-04$0.68$0.81+19.1%$1.1B$1.4B+23.6%
2020-10-29$0.52$0.62+19.2%$1.0B$1.2B+21.6%
2020-07-30$0.39$0.40+2.6%$1.1B$1.2B+2.6%

Off-exchange (dark pool) volume, weekly

FINRA ATS, $ billions · through the week of 2026-08-31 (FINRA publishes with a delay)
0.206-150.306-220.206-290.307-060.407-130.407-200.607-270.308-030.208-100.308-170.208-240.308-31
Week ofNotionalSharesTrades
2026-08-31$278.4M2,586,43261,328
2026-08-24$245.9M2,177,03850,594
2026-08-17$290.8M2,531,43369,100
2026-08-10$225.9M1,857,96552,983
2026-08-03$256.8M2,126,76861,390
2026-07-27$556.5M4,594,33495,039

Short-sale share of off-exchange volume

daily 20-day average
07-2310-1556.6%
DateShort shareShort volumeTotal volume
2026-10-1556.6%412,585728,675
2026-10-1451.5%547,5471,063,450
2026-10-1362.3%295,435474,148
2026-10-1265.0%324,657499,287
2026-10-0952.4%463,568885,088
2026-10-0867.2%507,289754,973
2026-10-0762.8%653,2181,040,063
2026-10-0673.7%842,0871,142,218
2026-10-0577.6%484,376624,396
2026-10-0270.8%637,596900,210
A daily flow measure from FINRA, not short interest.

Seasonality

Average return by calendar month
-0.4Jan+1.3Feb-1.1Mar+2.3Apr+0.5May+1.2Jun+2.6Jul+2.1Aug+1.3Sep+3.0Oct+2.9Nov-0.1Dec
MonthAvg returnUp yearsYears
Jan−0.4%47%15
Feb+1.3%47%15
Mar−1.1%60%15
Apr+2.3%71%14
May+0.5%64%14
Jun+1.2%57%14
Jul+2.6%64%14
Aug+2.1%64%14
Sep+1.3%71%14
Oct+3.0%73%15
Nov+2.9%73%15
Dec−0.1%47%15
History, not a forecast.

Indicators

as of 2026-10-16
RSI 1447.3
MFI64.7
ADX22.7
Stochastic %K / %D71.3 / 59.6
Williams %R-24.1
CCI47
TSI / signal-20.4 / -26.4
Chaikin money flow-0.12
ATR$2.33
Bollinger width8.6%
Volume vs 20-day avg0.72x
SupertrendDown

Moving averages and bands

level (price vs level)
SMA 20$103.18 (+0.9%)
SMA 50$108.59 (−4.2%)
SMA 200$119.12 (−12.6%)
EMA 21$103.93 (+0.1%)
EMA 50$107.45 (−3.1%)
EMA 200$117.35 (−11.3%)
Bollinger upper$107.60 (−3.3%)
Bollinger lower$98.76 (+5.4%)
Parabolic SAR$98.92 (+5.2%)
Open the live chart, 110+ indicators

About Xylem Inc.

Xylem Inc., together with its subsidiaries, engages in the design, manufacture, and servicing of engineered products and solutions for utility, industrial, and residential and commercial building services settings worldwide. It operates through Water Infrastructure; Applied Water; Measurement and Control Solutions; and Water Solutions and Services segments. The company offers water, wastewater, and storm water pumps and controls and systems; filtration, disinfection, and biological treatment equipment under the Flygt, Ionpure, Leopold, Neptune Benson, Sanitare, Wallace & Tiernan, and Wedeco brands; and pumps, valves, heat exchangers, controls, and dispensing equipment used for water and focuses on the residential, commercial and industrial markets under the Rule, Bell & Gossett, Flojet, Goulds Water Technology, Jabsco, and Lowara brands. It also provides smart meters, network communication devices, data analytics, test instruments, controls, sensor devices, software and managed services, critical infrastructure services, cloud-based analytics, and remote monitoring and data management under the Ebro, Sensus, Sentec, Smith Blair, WTW, YSI, and Xylem Vue brands. In addition, the company offers preventative maintenance services, rapid response mobile services, digitally enabled/outsourced solutions, process and wastewater treatment systems, environmental remediation, odor and corrosion control, filtration, reverse osmosis, continuous deionization, and mobile dewatering equipment and rental services; and municipal services comprising odor and corrosion control services, as well as condition assessment and asset management, and pressure monitoring solutions under the Grindex, Mar Cor, and Godwin brands. Xylem Inc. was formerly known as ITT WCO, Inc. and changed its name to Xylem Inc. in July 2011. The company was incorporated in 2011 and is headquartered in Washington, District Of Columbia.

https://www.xylem.com

Key executives

NameTitlePayBorn
Matthew Francis PineChief Executive Officer, President & Director$3.3M1972
Andrea van der BergExecutive Vice President & Chief Financial Officer$1.7M1983
William K. GroganExecutive Officer$1.7M1979
Rodney O. AulickExecutive Vice President and President of Integrated Services & Solutions$1.4M1967
Hayati YarkadasExecutive Vice President & President of Water Infrastructure$1.4M1969
Joe JohnstonExecutive Vice President & President of Applied Water$1.1M—
Meredith EmmerichExecutive VP and President of Measurement & Control Solutions$1.1M1976
Claudia S. ToussaintExecutive VP and Chief People & Sustainability Officer$1.1M1964

Executive pay, latest proxy

ExecutiveYearSalaryStock awardsIncentiveTotal
Patrick K. Decker President and CEO2023$1.2M$5.2M$2.5M$10.8M
William K. Grogan SVP and CFO2023$195,192$3.8M$275,301$4.6M
Matthew F. Pine SVP and COO2023$647,896$1.5M$890,175$3.7M
Sandra E. Rowland Former SVP and CFO (through September 30, 2023)2023$746,769$1.3M$990,172$3.6M
Hayati Yarkadas SVP and President, Europe, WI and GS2023$596,891$1.3M$741,669$3.2M
Franz W. Cerwinka SVP & President, AWS & GPT2023$547,817$578,399$582,502$2.5M

Employees

6k20186k201917k202017k202118k202223k202323k202422k2025

Dividends

Ex-dateAmountPaid
2026-08-27$0.432026-09-24
2026-05-28$0.432026-06-25
2026-02-24$0.432026-03-24
2025-11-25$0.42025-12-23
2025-08-28$0.42025-09-25
2025-05-29$0.42025-06-26
2025-02-18$0.42025-03-19
2024-11-26$0.362024-12-24

Moat model

Narrow · Switching Costs · 2026-06-30
Cost advantage50
Intangibles64
Switching costs65
Network effect57
Efficient scale53
Our component scores (0-100) and overall 58.8; a model of the business, not a call on the stock.
InsiderStreet reports findings from filings and market data. Nothing on this page is a recommendation to buy or sell.Every figure is computed in code · data as of 2026-10-17

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